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REAL ESTATE

Ihsan Bafakih, governor of the Saudi Real Estate General Authority
July 9, 2019

Ihsan Bafakih serves as governor of the Real Estate General Authority. He was appointed following a royal decree in December 2018.

He is also a board member of the Real Estate General Authority. Bafakih has more than 17 years’ experience in investment banking in the Kingdom.

He had been the CEO of Mohammed"...

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Aecom wins consultancy deal for Neom Bay Phase One
July 3, 2019

Global infrastructure services firm Aecom has been awarded a multi-year contract to provide project management consultancy (PMC) services for Phase One of Neom Bay, one of the most ambitious mega-projects ever contemplated.

Part of the $500-billion Saudi futuristic city Neom, the eco-friendly tourist destination is being developed in North West Saudi Arabia within the Neom Zone, which is spread over a sprawling 26,000 sq km area.

As per"...

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Handover of The Residences at Marina Gate II Commences
June 30, 2019

Select Group, one of the largest investment and development companies in the region, has started handover of the second tower in their flagship development, The Residences at Marina Gate.

Occupying the central location in the development, Marina Gate II features 519 residential units, 16 retail units and is spread over 64 floors. With a built-up area of 1,352,400 square feet, the development"...

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Jumeirah Village Circle offers luxury housing at affordable rates
June 27, 2019

Jumeirah Village Circler (JVC) boasts of several affordable luxurious gated community houses, with state-of-the-art facilities promising residents and potential home seekers a living experience like no other.

The family-centric housing community includes beautifully outlined residential spaces equipped with luxurious amenities providing residents with the opportunity to indulge in several activities aimed at giving them a healthy lifestyle in a safe"...

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Jumeirah Village Circle offers luxury housing at affordable rates
June 26, 2019

Jumeirah Village Circler (JVC) boasts of several affordable luxurious gated community houses, with state-of-the-art facilities promising residents and potential home seekers a living experience like no other.

The family-centric housing community includes beautifully outlined residential spaces equipped with luxurious amenities providing residents with the opportunity to indulge in several"...

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Homeworks KSA launches new ecommerce website
June 25, 2019

RIYADH – Homeworks, the home improvement and lifestyle brand, has launched its ecommerce website in Saudi Arabia, providing enhanced payment and delivery services to customers across the country.

Al-Futtaim's newest home improvement and lifestyle brand, Homeworks has three physical stores, located in Riyadh and Jeddah. The company provides a wide range of inspirational and contemporary products from power and hand tools, homeware, garden necessities"...

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Geri Horner Test Drives RockStar Suites aboard Virgin Voyages’ Scarlet Lady
June 20, 2019

  • Exclusive partnership with Virgin Voyages sees Geri Horner give RockStar seal of approval on the ship’s Mega RockStar Suites
  • The brand expands offerings for Mega RockStar Suite Sailors
  • Lavish Mega RockStar Suites package will now include a dedicated hair and makeup crew, unlimited beverages, personalized in-room bar and more

Virgin Voyages is upping the game for its top suites aboard the highly anticipated Scarlet Lady,"...

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MagicStay Raises €3 Million to Accelerate Its International Development
June 18, 2019

The apartment rental platform dedicated to business travelers, MagicStay.com, announces its full integration into the main business travel booking tools and a €3 million A-series to pursue its development, bringing the amounts raised to more than €8 million since its launch in 2013. This fundraising will allow us to recruit talent to accelerate our growth. We want to sign a quarter of the major French companies and approach one million homes before the end of the year, thanks to the exclusive technologies we now have at our disposal, says Valéry Linÿer, CEO and co-founder, who adds: We have four main advantages over our competitors: we meet the challenges of duty of care, we are able to customize our tool to meet the constraints of each large company for short and long stays, we......

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Abdul Latif Jameel Land breaks ground on third Jeddah residential complex
June 17, 2019

JEDDAH — Abdul Latif Jameel Land, a leading residential and commercial real estate developer in Saudi Arabia, has begun development of its second residential project Dari Q – a development of 158 premium apartments with integrated community amenities.

Customer-centricity and community living, key pillars of the Abdul Latif Jameel Land development philosophy, lie at the heart of the property’s design. The project is launched under the"...

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Pantheon Development wins ‘Best Affordable Luxury Property” award by Arabian Business
June 17, 2019

Pantheon Development was honoured as the “Best Affordable Luxury Property” during the prestigious Arabian Business Real Estate Awards 2019 at Le Royal Meridien Beach Resort & Spa on Sunday evening.

Pantheon Development, a subsidiary of Pantheon Group, is an emerging brand in the affordable luxury segment within Dubai’s real estate market. The developer has completed"...

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